Discuss a research paper on Saudi Arabia Vision 2030 and National Transformation Program 2020 in the Market Opportunities
Discuss a research paper on Saudi Arabia Vision 2030 and National Transformation Program 2020 in the Market Opportunities
What were the economic impacts after the Asian Financial Crisis in South Korea, Thailand, and Indonesia?
/in Economics /by BravisterWhat were the economic impacts after the Asian Financial Crisis in South Korea, Thailand, and Indonesia?
Identify a proposal to introducing polymer notes with radio frequency identification chips (RFIC) into the US economy.
/in Economics /by BravisterIdentify a proposal to introducing polymer notes with radio frequency identification chips (RFIC) into the US economy.
Discuss some approaches they have used (or are currently using) to compete and survive in the market.
/in Economics /by BravisterRevenue, Profits and Prices
Because ease of entry is high in both perfect competition and monopolistic competition markets, and because making economic profits will always attract new producers (entrants), how do firms survive and make profits in those markets?
Provide an example of a firm or a small business from the real world that is surviving the dynamic nature of monopolistic competition.
Discuss some approaches they have used (or are currently using) to compete and survive in the market.
In addition, provide an example or a scenario from your personal (or professional) experience, an observation, a story that you have read, or an idea or a thought that you might have for practical, creative, and/or effective ways to minimize production costs in order to maximize profits.
Discuss the Relationship between Conflict management strategies and economical growth of organization
/in Economics /by BravisterDiscuss the Relationship between Conflict management strategies and economical growth of organization
Discuss and explain China’s Role as A Development Donor and China’s International Development Assistance Programs
/in Economics /by BravisterDiscuss and explain China’s Role as A Development Donor and China’s International Development Assistance Programs: A case Study of Kenya
How would you characterize the U.S. credit market today (July 14, 2021) in terms of the full spectrum of credit risk, from “Very Benign to Very Stressed”?
/in Economics /by BravisterCredit Risk
Answer the below question:
How would you characterize the U.S. credit market today (July 14, 2021) in terms of the full spectrum of credit risk, from “Very Benign to Very Stressed”? In other words, where are we in the credit cycle? You should defend your evaluation. Do you think that the default rate on U.S. High-Yield bonds will be higher, lower or about the same as the historical average (3.3%) for 2021? Why?
Explain the experience of the Asian countries as for example Hong Kong, Taiwan,China and compare their growth rate with the USA.
/in Economics /by BravisterConvergence and Divergence of Rich and Poor Nations. Use the Chapter on Economic Growth to write this essay.
Are there persistent gaps in the growth rate of real GDP per capita or are the economies converging?
Explain the experience of the Asian countries as for example Hong Kong, Taiwan,China and compare their growth rate with the USA. On the other hand compare the experience of the Eastern European and African countries.
Do you perceive that a society built on these concepts might provide a better world than what we often observe,what would be the impact on the economy and on society?
/in Economics /by BravisterDEVOTIONS 6-7-ECON
1. The academic discipline of economics teaches that the goal of the firm is to maximize profits. In this session, the concept of “market power” is the focus of study.
A monopoly has complete market power while a monopolistically competitive firm has only limited market power. Gaining market power means ‘beating out the competition’ and firms often spend large sums of money to gain and extend market power while seeking higher profits.
This drive for profit against competition also benefits society, since it allows the most efficient producers to survive in the market and hence deliver quality product and services to consumers. Moreover, Jesus also taught and commended industry (the ambition to use our resources profitably) in several parables (the wise and foolish virgins – Matthew 25.1-11; the bags of Gold – Matthew 25.26-27; the shrewd Manager – Luke 16.1-9).
On the other hand Jesus taught and demonstrated ultimate selflessness on the cross (Matthew 5.38-40; Matthew 10.38; Mark 10.45). Like Christ, Paul also taught selflessness as (1 Corinthians 6.7-9; Philippians 2.1-11) as did Peter (1 Peter 3.9). Moreover, nothing we do must override our moral and ethical obligations (Matthew 16.26 ). Share with the class, how Christian entrepreneurs, managers, and business leaders can reconcile the exhortation toward selflessness and ethics, versus the ambition to succeed, which includes beating out the competition in the marketplace.
2. Paul wrote many letters that are included in the Bible. One of those was the letter to the Galatians in which he instructed the Christians in Galatia. In Chapter 5 starting with Verse 22, he shares his view of what the Spirit of Christianity is like as he reminds the early Christians they are free from the Law but directed by the Spirit of Christ.
But the fruit of the Spirit is love, joy, peace, forbearance, kindness, goodness, faithfulness, 23 gentleness and self-control. Against such things there is no law. 24 Those who belong to Christ Jesus have crucified the flesh with its passions and desires. 25 Since we live by the Spirit, let us keep in step with the Spirit. 26 Let us not become conceited, provoking and envying each other.
Do you perceive that a society built on these concepts might provide a better world than what we often observe. If we truly could reduce conceit, and not provoke each other nor envy others, what would be the impact on the economy and on society?
Can you think of some products where advertising seldom occurs when consumers could use more information?
/in Economics /by BravisterDiscussion 5-Econ
Firms that operate in industries that have the characteristics of monopolistic competition advertise heavily just to get their brand names known and try to convince customers that their products are “unique” while the products often are only slightly different.
Do you consider this to be efficient or is much of the advertising wasted money? Can you think of some products where advertising seldom occurs when consumers could use more information? Incorporate appropriate relevant and biblical principles into your response.
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